Wellington first home buyer

PHOTO: SUPPLIED Would-be Wellington first home buyer Bailey Ross and the house she missed out on.

A would-be first time buyer who was preparing to move into her dream home within weeks has been left devastated after the developer cancelled the sale and relisted the property for $90,000 more.  

Bailey Ross paid the deposit for a two-bedroom, one-bathroom new-build in Tawa, in May 2019. 

The $515,000 price was bang on budget and the developers, Tawa LLP, told the 25-year-old sales account manager she would be able to move in by the end of the year, early 2020 at the latest.

Ross had watched her home, one of 22 units in the outer Wellington suburb, be completed. “I could see them, they were practically ready,” she said.

The end of 2019 came and went, and the BEO (buyer enquiry over) on the real estate listing for the houses rose to $535,000, then $565,000. 

adsense

READ MORE VIA STUFF